Bloomberg HT's October interest rate survey has been concluded
Quick Look
According to Bloomberg HT's October survey conducted with the participation of 17 institutions, the CBRT is expected to reduce the policy rate to 36 percent at its October 22 meeting.
AI-generated summary
Why It Matters
Bloomberg HT conducts regular surveys regarding the interest rate decisions of the Central Bank of the Republic of Türkiye.
Bloomberg HT's survey regarding the CBRT interest rate decision in September has been concluded. 17 institutions participated in the survey.
According to the survey, the Central Bank of the Republic of Türkiye is expected to reduce the interest rate to 36 percent at its meeting to be held on October 22.
The highest expectation for the policy rate in October was 36 percent, while the lowest expectation was 35.5 percent.
While 15 of 17 participants expected a 100 basis point reduction in October, 2 participants predicted a 150 basis point reduction.
The market's policy rate forecast for the end of 2026 in October did not change compared to the last two survey periods and pointed to the level of 35 percent.
The highest expectation of the participants in the interest rate predictions for the end of 2026 was 36 percent, while the lowest prediction was the same as the September survey and pointed to the level of 34 percent.
The median expectation of Bloomberg HT October interest rate survey participants for the policy rate by the end of 2027 was 28 percent.
While the highest expectation was 32.5 percent, the lowest policy rate expectation was 25 percent.
What to Watch
AI outlook — possibilities, not facts
CBRT is expected to reduce the interest rate to 36 percent at its October 22 meeting.
Likely · Within days
Open Questions
- What will be the CBRT's real interest rate decision on October 22?
